QLTY vs TENM
GMO US Quality ETF vs iShares Large Cap 10% Target Buffer Mar ETF
Which is better, QLTY or TENM?
QLTY has been ahead.
QLTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QLTY | TENM |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $5.4B | $47M |
| Dividend Yield | 0.66% | 0.27% |
| Holdings | 90 | 8 |
| YTD Return | +12.98%Best | +9.28% |
| 1Y Return | +17.11%Best | +11.06% |
| 3Y Return (annualized) | +21.22% | - |
| Volatility (annualized) | 13.4% | 7.0%Best |
| Max Drawdown | -11.7% | -3.6%Best |
| $10,000 over 1 years | $11,795Best | $11,139 |
| Fund Family | GMO | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 13, 2023 | Oct 21, 2025 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 22, 2025 to Oct 23, 2026 (1 years).
QLTY vs TENM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
QLTY vs TENM Performance
GMO US Quality ETF (QLTY) is an ETF from GMO and iShares Large Cap 10% Target Buffer Mar ETF (TENM) is an ETF from iShares by BlackRock (US). Over the past year QLTY returned +17.11% while TENM returned +11.06%. Year to date, QLTY is up 12.98% versus a gain of 9.28% for TENM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLTY has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 7.0% for TENM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.7% for QLTY and -3.6% for TENM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QLTY charges 0.50% per year while TENM charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, QLTY currently yields 0.66% against 0.27% for TENM.
Holdings Overlap
We hold position weights for 45 holdings in QLTY and 2 in TENM, totalling 99.7% and 104.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 45 positions we hold weights for in QLTY and 2 in TENM, against full books of 90 and 8.
You are not choosing between two funds in isolation.
Whichever of QLTY and TENM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QLTY or TENM?
QLTY has an expense ratio of 0.50% while TENM charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, QLTY or TENM?
Over the past year QLTY returned +17.11% vs +11.06% for TENM, so QLTY leads on 1-year performance. Over the longest common window we track (1 years), QLTY annualized +17.95% vs +11.39% for TENM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLTY or TENM?
QLTY has been the more volatile fund at 13.4% annualized versus 7.0% for TENM. Worst drawdown: QLTY -11.7% vs TENM -3.6%.
Should I hold both QLTY and TENM?
QLTY and TENM have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QLTY or TENM?
QLTY yields 0.66% while TENM yields 0.27%, so QLTY currently pays the higher dividend yield.
Is TENM better than QLTY?
QLTY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.